Mentone Portfolio

Highlights:

• RETAIL AND SFR MIX
• CORNER LOT SW CORNER FRONTING HWY 38 W/ FUTURE DEVELOPMENT UPSIDE
• 5-YR LEASE W/ ONE 5-YR OPTION STORE FRONT
• LOW LANDLORD EXPENSES W/ EXTENSIVE COMPLETED IMPROVEMENTS

Description:

PRESENTING 1830 & 1840 MENTONE BLVD. FOR SALE AT THE CORNER ON HIGHWAY 38 WITH SOLID TRAFFIC COUNT. 1840 MENTONE CONSISTS OF 1,707 +/- SQ FT. RETAIL BUILDING (LIQUOR STORE - 1840 MENTONE); 560 +/- SINGLE FAMILY RESIDENCE WITH 2 BED/1 BATH. NEW TENANT IN 1255 TURQUOISE WITH LEASE IN PLACE. LOW MAINTENANCE HARDSCAPE. LIQUOR STORE TENANT IS UNDER A 5-YR LEASE WITH ONE 5-YR OPTION; WALK IN FREEZERS, SHELVES AND FIXTURES INSIDE THE STORE ARE OWNER OWNED. 1830 MENTONE HAS 2 UNITS - UNIT A FEATURES 1 BED/1 BATH WITH LIVING ROOM AND FULL KITCHEN; UNIT B FEATURES 3 BED/2 BATHS WITH LIVING ROOM, DINING AND KITCHEN. BOTH UNITS ARE UPGRADED AND FULLY LEASED. NEW SEPTIC TANK INCLUDED, TO BE CONNECTED. GREAT OPPORTUNITY TO OWN THIS PORTFOLIO IN LINE FOR FUTURE DEVELOPMENT. SHOPPING CENTER ANCHORED BY CVS, STATER BROS, AND STARBUCKS LOCATED HALF-MILE AWAY. NEWLY CONSTRUCTED DOLLAR GENERAL WITHIN THE TRADE AREA. HIGHWAY 38 ROUTES TO BIG BEAR AND OTHER MOUNTAIN CITIES. CALL FOR MORE INFORMATION AND A TOUR.

SW Corner of HWY 38 and Turquoise Ave.

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